Hello John,I have just started also looking into this.

Just starting this process, but are their agent who simply deal with laundromats… or should we deal with a business broker?

Have already started #2!!

I actually work for a mortgage company and am a loan officer myself but as I just started i'm trying to wrap my head around all the programs and markets.My broker doesn't focus on investors so it might be wise to find someone who does and learn from them. 

I started a thread about this very thing a year or two back with no real answer. 

I am planning to start a direct booking site for my short-term rentals.

If you mean "how often do LPs try to sell their positions," I can count on one hand all the ones I can remember, and that's over more than two decades, $400 million equity, and well over 2,000 investors.  

If he starts asking questions about why I don't want to renew his lease, do I need to provide any answers?

On the other hand if I buy an wrap or other type of owner financed property, how am I protected from a potential foreclosure on the seller?

Hi everyone, I live in Pa, and I was wondering about starting up an LLC.